RE: 1,035,858 Facebook Users Discover Steem for $1,008.91!
Jerry I love your writing but I think the ad is deceptive. People with large amounts of steem power are well-paid by upvoting their own posts and those of their friends. The majority of users without a lot of steem power make pennies. That's why people join and then leave when they learn how the steemit sysem really works.
I think Steemit had and has great potential. But the weighted SP voting system just leads to abuse and gaming the system. It sounds like other platforms under development like Yours.org may use unweighted voting. We'll have to see once they release a working version. And maybe those who control the direction of Steemit will discover ways to change the system so that the majority of payments don't go to the "wealthy" members of steemit.
Here are some of the things in the video text and my comments.
" As of today authors publishing posts are earning about 68% of that while upvoters are earning 15%, commenters earning 7%," ---- You make it sound like the average user is making bank when it's really only people who have high amounts of steem power.
You say there are 300,000 accounts. How many of those accounts are active users, posting at least once a week? I know so many people who came to steemit a year ago thinking they'd be making good money for writing and commenting. They left because it was clear that only those who were friends with and upvoted by whales made decent money.
"New social media blogging website pays users to post, upvote, and comment!" --- You're not telling them that probably the majority of people who post anything get pennies per article or comment.
"For sharing with friends, Steem gives us the chance to help our friends earn money by voting their posts up which also then pays back too" ----- What you don't say is that it's the whales and dolphins with a lot of steem power who join together to vote their posts and comments up, taking the majority of the rewards pot and leaving pennies for others. You revealed one of those schemes here: https://steemit.com/steemit/@jerrybanfield/meet-steem-s-1-author
Well said, there is a lot of false advertising going on. Steemit is great in concept but more a more the trending page is filled by the same people and the quality of posts I see there are not a good reflection of what others are bringing to the site. I know that if i attracted new users here they would be very disappointed when not getting the hundreds of dollars per post that they see trending posts get. I will stick with it but will also be keeping an eye for a fairer systems on other networks. Its becoming make or break time for Steemit i'm afraid.
you have point... But i think, they will still try... The point is, the whale like jerry must support also the small person? Not only whales to whales. Soon this small will be bigger than the others because of the help of other whales.
But the point is, how long they can stay of blogging just to earn? The good thing is, they are enjoying of expressing their feelings and share their thoughts. And they are happy to earn atleast 10SBD! Like me... i am one of them...
I am not sure things will balance by it's self. Some work needs to be done on the self voting (at least for comments) I believe and maybe a change to the trending page. to give a suggested post for a new writer but on the same topic a chance to be seen. These are just some of my own ideas.